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Student studying

Student Bank Account

Start shaping your financial future

Key benefits

  • Guaranteed Interest-free overdraft
    £500 to £1,000 on account opening. No overdraft fees
  • No interest or charges whenever you use your overdraft
    Representative example: 0% EAR variable (assumed overdraft £1,200
  • Option to increase overdraft as your studies progress
    Increase of up to £2,000 in year two and £3,000 in year three. Subject to status and account conduct.
  • Student Credit Card
    Subject to status and account conduct.
  • Mobile Banking
    Day to day digital tools to help you manage your money on the go including Apple Pay® or Android Pay™.
  • Student Exclusive*
    Freebies, discounts, tickets and competitions to help your money go further. From everyday living to planning a gap year.  

    * This link may allow you to access a non-HSBC website. HSBC Bank plc has no control over the linked website and is not liable for your use of it.

Are you eligible?

Please ensure you can answer YES to the following questions:

  • Are you 18 years of age or over?
  • Have you been a resident in the UK, Channel Islands or Isle of Man for at least the last 3 years?
  • Can you provide proof of address and identification if you currently don't have a HSBC current account?
  • Can you confirm you do not hold a student account elsewhere?
  • Are you studying, or intending to study:
    - a full time qualifying course at a UK, Channel Islands or Isle of Man university / college?
    - or a part-time course with a Disabled Students' Allowance.
  • Postgraduates must have completed an undergraduate degree course in the UK, Channel Islands or Isle of Man in the last three years. To confirm this we must see proof e.g. graduation certificate / diploma or letter from university / college.
  • You have proof of your unconditional acceptance e.g. UCAS letter or letter from the university / college?

 

Please note

  • A Student Bank Account can only be applied for when you have a confirmed place to study however you can open a HSBC Bank Account at anytime and upgrade to the Student Bank Account when you have your place to study confirmed.
  • If you're new to the UK, Channel Islands or Isle of Man and have been here less than three years , or you're an international student, please see our Basic Bank Account.

 

Interest-free overdraft
We offer you a guaranteed interest-free overdraft of £500 to £1,000 when you open your account. You can request an increase of up to £2,000 in year two and £3,000 in year 3, subject to status and account conduct. We won’t charge you any interest or fees for using your overdraft.

Representative example (assumed overdraft £1,200): 0% EAR variable

Please note, applicants for overdrafts must be 18 or over.

If you try to make a withdrawal at any HSBC cash machine that would take you over your overdraft limit, you'll get an on-screen alert to let you know how much money you have available to withdraw.

You can also sign up to receive text alerts when your account balance drops below a certain amount. To set up a text alert, call us on 03456 00 61 61. Lines are open 8am to 10pm every day (except Christmas Day, Boxing Day and New Year's Day). Calls may be recorded.



Student Credit Card
If you're 18 or over, you can apply for a Student Credit Card with a credit limit of up to £500. Handy for emergencies, it's available subject to status and account conduct.

 
 
Online Banking
With Online Banking you can check your balance, see your statements and pay your bills and much more. Online Banking facilities are available 24/7 subject to planned maintenance periods.
 
 
 
Mobile banking
Manage your personal accounts easily and securely from your mobile phone. Using the HSBC Mobile Banking app you can view your balances and your last 90 transactions, make bill payments to existing beneficiaries and also transfer money between your accounts. It also has a handy branch and ATM locator in case you're out and about and need some cash (not currently available on BlackBerry digital devices).

To download the HSBC Mobile Banking app visit the App Store or Google Play and follow the instructions.

The HSBC Mobile Banking app is available for iPhone®, iPad® and Android™ and digital devices running up to date software.

 

Pay them with Paym

You can now pay friends and family registered for Paym, wherever you are, or whatever you're doing, using just their mobile number. You can also register for Paym to receive payments. Terms and conditions apply (PDF)

 

Telephone banking
Get a balance enquiry, make credit card payments, obtain transaction details and transfer cash between accounts at any time, day or night with our automated service. And if you have a query, our Customer Service Representatives are available on 03456 00 61 61 from 8am to 10pm every day (except Christmas Day, Boxing Day and New Year's Day). Calls may be monitored and/or recorded. 

 

Additional products and services

HSBC Contactless Debit Card
Your HSBC Contactless Debit Card gives you instant access to your money whenever you need it. You can use your card to pay for goods and services wherever VISA is accepted. The HSBC Visa Debit Card now comes with Contactless technology. Contactless allows you to make low value payments of up to £30 with a simple tap of your card, just look for the Contactless logo at a retailer. More on the HSBC Debit Card.

 

You can also use your card to withdraw local currency at cash machines worldwide and pay for goods and services worldwide wherever you see the VISA logo shown on your card. Unless you agree that the currency conversion is done at the point of sale or withdrawal and agree the rate at that time, for example with the shopkeeper or on the self-service machine screen, the exchange rate that applies to any non-sterling debit card payments (including cash withdrawals) is the VISA Payment Scheme Exchange Rate applying on the day the conversion is made.

 

For non-sterling (foreign currency) transactions we will charge a fee of 2.75% of the sterling amount of the transaction. This fee will be shown as a separate line on your statement as a 'Non-Sterling Transaction Fee'.

 

Details of the current VISA Payment Scheme Exchange Rates can be obtained from the card support section of ciiom.hsbc.com or by calling us on the usual numbers. We will deduct the payment and the fee from your account once we receive details of the payment from the card scheme, at the latest, the next working day.

 

There is a non-sterling cash fee currently 2% (minimum £1.75, maximum £5.00) for non-sterling cash withdrawals at a self-service machine outside the UK, Channel Islands or Isle of Man, or in the UK, Channel Islands or Isle of Man where we carry out the currency conversion. Customers making withdrawals on HSBC Advance, HSBC Premier and HSBC Premier MyAccount accounts do not pay this fee. 

 

 

Help with your finances

We understand that going to university can be a struggle financially. If you're worried about money, do come and talk to us. The quicker you act, often the easier it is for us to help you.  

 

 

Currency

Order commission-free foreign currency on amounts between £100 and £2,500.

 

Cash machines: There is an ATM transaction fee currently 2% (minimum £1.75, maximum £5.00) for withdrawing cash at cash machines overseas. We will deduct the transaction fee from your account once we receive details of the payment from VISA, at the latest the next working day. Some cash machine operators may apply a direct charge for withdrawals from their cash machines and this will be advised on screen at the time of withdrawal.

 

Using your Debit Card abroad: Unless you agree that the currency conversion is done at the point of sale or withdrawal and agree the rate at that time, for example with the shopkeeper or on the self-service machine screen, the exchange rate that applies to any non-sterling debit card payments (including cash withdrawals) is the VISA Payment Scheme Exchange Rate applying on the day the conversion is made. Details of the current VISA Payment Scheme Exchange Rates can be obtained from the card support section of hsbc.co.uk or by calling us on the usual numbers. We will deduct the payment and the fee from your account once we receive details of the payment from the card scheme, at the latest, the next working day.

 

Transaction fees: For non-Sterling (foreign currency) transactions we will charge a fee of 2.75% of the amount of the transaction, using your Debit Card to pay for goods and services abroad (e.g. in shops or restaurants). This fee will be shown as a separate line on your statement as a 'Non-Sterling Transaction Fee'.

 

Some links may allow you to access other websites. Please read the linked websites' terms and conditions. HSBC Bank plc has no control over non-HSBC websites and is not liable for your use of them.

Apply in branch

Book your appointment to apply in branch by calling

03456 00 61 61

Lines are open 8am to 8pm every day. Calls may be recorded. You'll need to bring identification, proof of your address and a recent statement from your current bank and proof of your unconditional acceptance onto a qualifying course. 

Things you should know

Note: If you foresee any changes in your circumstances that may increase your outgoings (for example an increase in living costs such as a rent or mortgage payment increase) or any changes to your situation that may reduce or have a negative effect on your monthly disposable income please call in to one of our branches to apply.

Before applying, please take the time to read the following. You may also want to save some of these documents for future reference. 

 

Important Documentation

 

Your eligible deposits with HSBC Bank plc are protected up to the limit of your local Compensation Scheme.

*This link may allow you to access non-HSBC websites. HSBC Bank plc has no control over the linked websites and is not liable for the use of it.

Key benefits

  • Guaranteed Interest-free overdraft
    £500 to £1,000 on account opening. No overdraft fees
  • No interest or charges whenever you use your overdraft
    Representative example: 0% EAR variable (assumed overdraft £1,200
  • Option to increase overdraft as your studies progress
    Increase of up to £2,000 in year two and £3,000 in year three. Subject to status and account conduct.
  • Student Credit Card
    Subject to status and account conduct.
  • Mobile Banking
    Day to day digital tools to help you manage your money on the go including Apple Pay® or Android Pay™.
  • Student Exclusive*
    Freebies, discounts, tickets and competitions to help your money go further. From everyday living to planning a gap year.  

    * This link may allow you to access a non-HSBC website. HSBC Bank plc has no control over the linked website and is not liable for your use of it.

Are you eligible?

Please ensure you can answer YES to the following questions:

  • Are you 18 years of age or over?
  • Have you been a resident in the UK, Channel Islands or Isle of Man for at least the last 3 years?
  • Can you provide proof of address and identification if you currently don't have a HSBC current account?
  • Can you confirm you do not hold a student account elsewhere?
  • Are you studying, or intending to study:
    - a full time qualifying course at a UK, Channel Islands or Isle of Man university / college?
    - or a part-time course with a Disabled Students' Allowance.
  • Postgraduates must have completed an undergraduate degree course in the UK, Channel Islands or Isle of Man in the last three years. To confirm this we must see proof e.g. graduation certificate / diploma or letter from university / college.
  • You have proof of your unconditional acceptance e.g. UCAS letter or letter from the university / college?

 

Please note

  • A Student Bank Account can only be applied for when you have a confirmed place to study however you can open a HSBC Bank Account at anytime and upgrade to the Student Bank Account when you have your place to study confirmed.
  • If you're new to the UK, Channel Islands or Isle of Man and have been here less than three years , or you're an international student, please see our Basic Bank Account.

 

Interest-free overdraft
We offer you a guaranteed interest-free overdraft of £500 to £1,000 when you open your account. You can request an increase of up to £2,000 in year two and £3,000 in year 3, subject to status and account conduct. We won’t charge you any interest or fees for using your overdraft.

Representative example (assumed overdraft £1,200): 0% EAR variable

Please note, applicants for overdrafts must be 18 or over.

If you try to make a withdrawal at any HSBC cash machine that would take you over your overdraft limit, you'll get an on-screen alert to let you know how much money you have available to withdraw.

You can also sign up to receive text alerts when your account balance drops below a certain amount. To set up a text alert, call us on 03456 00 61 61. Lines are open 8am to 10pm every day (except Christmas Day, Boxing Day and New Year's Day). Calls may be recorded.



Student Credit Card
If you're 18 or over, you can apply for a Student Credit Card with a credit limit of up to £500. Handy for emergencies, it's available subject to status and account conduct.

 
 
Online Banking
With Online Banking you can check your balance, see your statements and pay your bills and much more. Online Banking facilities are available 24/7 subject to planned maintenance periods.
 
 
 
Mobile banking
Manage your personal accounts easily and securely from your mobile phone. Using the HSBC Mobile Banking app you can view your balances and your last 90 transactions, make bill payments to existing beneficiaries and also transfer money between your accounts. It also has a handy branch and ATM locator in case you're out and about and need some cash (not currently available on BlackBerry digital devices).

To download the HSBC Mobile Banking app visit the App Store or Google Play and follow the instructions.

The HSBC Mobile Banking app is available for iPhone®, iPad® and Android™ and digital devices running up to date software.

 

Pay them with Paym

You can now pay friends and family registered for Paym, wherever you are, or whatever you're doing, using just their mobile number. You can also register for Paym to receive payments. Terms and conditions apply (PDF)

 

Telephone banking
Get a balance enquiry, make credit card payments, obtain transaction details and transfer cash between accounts at any time, day or night with our automated service. And if you have a query, our Customer Service Representatives are available on 03456 00 61 61 from 8am to 10pm every day (except Christmas Day, Boxing Day and New Year's Day). Calls may be monitored and/or recorded. 

 

Additional products and services

HSBC Contactless Debit Card
Your HSBC Contactless Debit Card gives you instant access to your money whenever you need it. You can use your card to pay for goods and services wherever VISA is accepted. The HSBC Visa Debit Card now comes with Contactless technology. Contactless allows you to make low value payments of up to £30 with a simple tap of your card, just look for the Contactless logo at a retailer. More on the HSBC Debit Card.

 

You can also use your card to withdraw local currency at cash machines worldwide and pay for goods and services worldwide wherever you see the VISA logo shown on your card. Unless you agree that the currency conversion is done at the point of sale or withdrawal and agree the rate at that time, for example with the shopkeeper or on the self-service machine screen, the exchange rate that applies to any non-sterling debit card payments (including cash withdrawals) is the VISA Payment Scheme Exchange Rate applying on the day the conversion is made.

 

For non-sterling (foreign currency) transactions we will charge a fee of 2.75% of the sterling amount of the transaction. This fee will be shown as a separate line on your statement as a 'Non-Sterling Transaction Fee'.

 

Details of the current VISA Payment Scheme Exchange Rates can be obtained from the card support section of ciiom.hsbc.com or by calling us on the usual numbers. We will deduct the payment and the fee from your account once we receive details of the payment from the card scheme, at the latest, the next working day.

 

There is a non-sterling cash fee currently 2% (minimum £1.75, maximum £5.00) for non-sterling cash withdrawals at a self-service machine outside the UK, Channel Islands or Isle of Man, or in the UK, Channel Islands or Isle of Man where we carry out the currency conversion. Customers making withdrawals on HSBC Advance, HSBC Premier and HSBC Premier MyAccount accounts do not pay this fee. 

 

 

Help with your finances

We understand that going to university can be a struggle financially. If you're worried about money, do come and talk to us. The quicker you act, often the easier it is for us to help you.  

 

 

Currency

Order commission-free foreign currency on amounts between £100 and £2,500.

 

Cash machines: There is an ATM transaction fee currently 2% (minimum £1.75, maximum £5.00) for withdrawing cash at cash machines overseas. We will deduct the transaction fee from your account once we receive details of the payment from VISA, at the latest the next working day. Some cash machine operators may apply a direct charge for withdrawals from their cash machines and this will be advised on screen at the time of withdrawal.

 

Using your Debit Card abroad: Unless you agree that the currency conversion is done at the point of sale or withdrawal and agree the rate at that time, for example with the shopkeeper or on the self-service machine screen, the exchange rate that applies to any non-sterling debit card payments (including cash withdrawals) is the VISA Payment Scheme Exchange Rate applying on the day the conversion is made. Details of the current VISA Payment Scheme Exchange Rates can be obtained from the card support section of hsbc.co.uk or by calling us on the usual numbers. We will deduct the payment and the fee from your account once we receive details of the payment from the card scheme, at the latest, the next working day.

 

Transaction fees: For non-Sterling (foreign currency) transactions we will charge a fee of 2.75% of the amount of the transaction, using your Debit Card to pay for goods and services abroad (e.g. in shops or restaurants). This fee will be shown as a separate line on your statement as a 'Non-Sterling Transaction Fee'.

 

Some links may allow you to access other websites. Please read the linked websites' terms and conditions. HSBC Bank plc has no control over non-HSBC websites and is not liable for your use of them.

Apply in branch

Book your appointment to apply in branch by calling

03456 00 61 61

Lines are open 8am to 8pm every day. Calls may be recorded. You'll need to bring identification, proof of your address and a recent statement from your current bank and proof of your unconditional acceptance onto a qualifying course. 

Things you should know

Note: If you foresee any changes in your circumstances that may increase your outgoings (for example an increase in living costs such as a rent or mortgage payment increase) or any changes to your situation that may reduce or have a negative effect on your monthly disposable income please call in to one of our branches to apply.

Before applying, please take the time to read the following. You may also want to save some of these documents for future reference. 

 

Important Documentation

 

Your eligible deposits with HSBC Bank plc are protected up to the limit of your local Compensation Scheme.

*This link may allow you to access non-HSBC websites. HSBC Bank plc has no control over the linked websites and is not liable for the use of it.